Welcome to the Finance Lobbying Portal, which aims to guide you around some of the companies, lobbyists and think tanks involved in finance sector lobbying in the UK and the EU.
Since the crash of 2008, British taxpayers have shelled out an incredible £1.2 trillion on bailing out and propping up the banks, according to the IMF.
Nearly five years on, the UK’s banking scandals seem never-ending. Money laundering, interest-rate rigging, product mis-selling, IT meltdowns, tax dodging, sanctions busting – few big names remain untainted.
Despite all this, the City continues to enjoy a cosy relationship with our politicians and policymakers. Its intense lobbying alongside big business has helped rewrite corporate tax laws in its favour and push back against new regulations designed to prevent another crisis.
The Conservative Party gets over half its funding from City financiers. Behind closed doors, government ministers such as ex-banker Lord Sassoon, the Commercial Secretary, make no secret of where loyalties lie.
“This is a right of centre, market-driven government … a government with a number of bankers in its ranks, led by a Prime Minister who is proud to say he comes from a stockbroking family,” he told the British Bankers' Association at its inaugural summer lecture in June 2012.
This portal is part of Powerbase—your guide to networks of power, lobbying and deceptive PR. Powerbase has a policy of strict referencing and is overseen by a Managing editor, a Sysop and several associate Portal editors.
To take a tour of some of the finance lobbying companies, industry lobbying groups and think tanks in the City of London, visit the Finance sector lobbying map